25 bucks per month
They never told us
Anyone else use Swan?
Edit: I guess we can avoid the fee with auto withdrawal enabled. I guess I will find out in September
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92 sats \ 0 replies \ @byzantine 6h
so many better options than swan
just dump them for any other exchange
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11 sats \ 3 replies \ @BlokchainB 5h
Hahahahah yup it’s true WTF swan! This is absolutely ridiculous
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96 sats \ 2 replies \ @_stacktoshi 3h
This must be for the Vault (multisig) product, which Unchained charges $250/yr for. Their original service is still free if you auto-withdraw, which is the only reason many went with Swan to begin with. They're bitcoin only and they encourage self-custody. Where did you clip that from?
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11 sats \ 1 reply \ @BlokchainB 2h
App start up
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0 sats \ 0 replies \ @_stacktoshi 20m
Just updated iOS version and didn't see it. I'll definitely close my account if they start charging people without their knowledge.
I don't think Swan's a bad company. They've just made some bad decisions choosing partners, afaik.
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11 sats \ 1 reply \ @_stacktoshi 3h
This is what I got back in June:
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0 sats \ 0 replies \ @Bell_curve OP 2h
I must have ignored this email
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124 sats \ 0 replies \ @Bell_curve OP 8h
@BlokchainB
@siggy47
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11 sats \ 0 replies \ @BlokchainB 5h
Yeah they are trying to sweep all customers into their swan vault product and charge you 3 basis points for holding your UTXOs for you. Guess it make sense I know most savvy bitcoiners wait to hit a certain UTXO threshold before withdrawing
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11 sats \ 0 replies \ @BlokchainB 5h
Are you serious? Let me check my app
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11 sats \ 0 replies \ @siggy47 8h
Swan banned me from withdrawing for some reason two years ago. I forget the details. I did finally manage to free my bitcoin. Then they stopped accepting NY resident accounts. A few months ago they sent me a friendly note saying that I could still buy bitcoin, but withdrawals are barred in my state.
I guess my account with zero balance still exists, but I will never use them again.
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